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REDEFINE PROPERTIES LIMITED - Results of dividend re-investment alternative

Release Date: 01/06/2015 17:50
Code(s): RDF     PDF:  
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Results of dividend re-investment alternative

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
JSE share code: RDF ISIN: ZAE000190252
(Approved as a REIT by the JSE)
(“Redefine”)


RESULTS OF DIVIDEND RE-INVESTMENT ALTERNATIVE


Shareholders are referred to the declaration of a final cash dividend of 39.00 cents per share (the “cash dividend”)
with an election to reinvest the dividend in return for Redefine shares (the “share alternative”) announced on SENS
on Thursday, 7 May 2015 for the six months ended 28 February 2015 and the announcement of the reinvestment price
per new share (being R10.70 per share) applicable to Redefine shareholders electing the share alternative released on
SENS on Friday, 15 May 2015.

Shareholders holding 1 622 442 383 Redefine shares or 42% of Redefine shares (prior to the election) qualifying to
receive the cash dividend elected to receive the share alternative, resulting in the issue of 58 722 042 new Redefine
shares, retaining R628 million (based on the issue price of R10.70 per new share after accounting for the applicable
dividend withholding tax) in new equity for Redefine. Accordingly, a total cash dividend of R894 million (of which
R4 million is payable as a result of the dividend withholding tax applicable to certain shareholders who elected the
share reinvestment alternative) is payable today in respect of 2 281 711 394 Redefine shares.

Certificated shareholders who did not elect the share alternative in respect of some or all of their shares and who have
provided their bank details to Redefine’s transfer secretaries will have their bank accounts credited on 1 June 2015.
Share certificates in respect of certificated shareholders who did elect the share alternative in respect of some or all of
their shares will be posted on Wednesday, 3 June 2015 to certificated shareholders at their risk. The Central Securities
Depository Participants or broker custody accounts of dematerialised shareholders who did not elect the share
alternative in respect of some or all of their shares will be credited with the cash dividend on 1 June 2015 and the
Central Securities Depository Participants or broker custody accounts of dematerialised shareholders who did elect the
share alternative in respect of some or all of their shares will be credited on Wednesday, 3 June 2015 with their new
Redefine shares.

1 June 2015


Corporate advisor and sponsor

Java Capital

Date: 01/06/2015 05:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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